They are planning to peg it to a bunch of currencies so as to have an excellent balance, but there is sdownside to it, if u do not break away from dollar totally and yet keep it in the bunch, it shalldrag the whole group down , because they have lot at hand to keep their currency in downtrend, like iraq, afghan and now expenses to prove Iran guilty.

have just also heard that UK and US are considering invading Iraq because of weapons of mass destruction. AND apparently Prince Charles and Lady Diana are considering a divorce. More news when I hear it....